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New Deal


Announced

Completed

KKR completed the acquisition of Natural Pet Food Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Food Products

Friendly

New Zealand

Private Equity

Private

premium pet food

Completed

Majority

Cross Border

Acquisition

Single Bidder

Synopsis

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KKR completed the acquisition of Natural Pet Food Group, a New Zealand-based premium pet food company. Financial terms were not disclosed. “It’s a great result not only for our company but also our supply partners, farmers and seafood suppliers from all over New Zealand and our manufacturing partners in Hawke’s Bay and Gisborne. We also recognize our outgoing shareholders, in particular Pioneer Capital, for their contribution over the years, which laid the foundation for this next exciting phase. This is another fantastic ‘paddock to plate’ New Zealand story that builds on our quality nutrition, safety and ethical credentials and the strong partnerships that underpin our business. KKR’s investment marks the next phase of our evolution and their support is a strong endorsement of the outlook for our business,” Neil Hinton, Natural Pet Food Group CEO.

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